Gulliver Foyle
Philosopher
And early estimates of GDP growth, which the 1.6% number is, have a nasty habit of being over optimistic.I’m starting to think Lutnick and Bessent don’t have a clue as to what they’re talking about when they claim the GDP this year will be at 6%.
Fox Business: "1st quarter GDP coming in with a read of 1.6%. So this is a revision down. The first read was 2%, now we're coming in with a second read of 1.6%, and that is actually below the range."
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